Vishay Intertechnology(VSH) - 2022 Q1 - Earnings Call Presentation

Company Overview - Vishay has a broad product portfolio and market penetration, with 2021 revenues of $3.2 billion[19] - The company's product segments include Resistors (23%), Diodes (22%), MOSFETs (21%), Capacitors (15%), Inductors (10%), and Opto (9%)[19] - Vishay serves diverse end markets, including Automotive (31%), Industrial (39%), Computing (8%), Power Supplies (5%), Military/Aero (5%), Consumer (5%), Telecom (3%), and Medical (4%)[19] - The company has a balanced geographic presence with 43% of sales in Asia, 33% in Europe, and 24% in the Americas[19] - Vishay utilizes a mix of sales channels, with 59% through distribution and 35% to OEMs (Original Equipment Manufacturers)[19, 20] Financial Performance and Metrics (Q1 2022) - Revenues for Q1 2022 were $854 million[34, 37, 39, 50] - Gross margin for Q1 2022 was 30.3%[34, 37, 39] - Operating margin for Q1 2022 was 17.1%[34, 37, 39] - Earnings per share (EPS) for Q1 2022 was $0.71[34, 37, 39] - Free cash flow for the trailing 12 months was $209 million[34] Stockholder Return Policy - The company has a policy to return at least 70% of annual free cash flow, net of scheduled principal payments of long-term debt, to stockholders[26] - The company intends to return at least $100 million to stockholders in 2022 through dividends and/or stock repurchases[26]